Online Accommodation Providers to be Data Matched

Individuals that have or may be engaged in providing accommodation services through an online platform will have that data collected by the ATO. The data will range from the 2016/17 to 2019/20 financial years.

The details provided to the ATO will be linked via Australian bank information to the necessary taxpayers where applicable. For many people this will be a straightforward data matching process.

It is advisable to inform your client base of this program, so that if necessary they can commence voluntary disclosure procedures.

Source: Commonwealth Gazette, 10 August 2018

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